🔔 Reuters Before the Bell: June 26, 2017

Click to View in Browser Monday, June 26, 2017 Co-op Bank says nears rescue deal with investor group LONDON (Reuters) - Britain's Co-operative Bank said on Monday it was close to agreeing a financial rescue package with leading investors that would shore up its capital base and end months of uncertainty about its future. Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor TOKYO (Reuters) - Japan's Takata Corp , the firm at the centre of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based Key Safety Systems. What next for airbag maker Takata after bankruptcy filing? TOKYO (Reuters) - Japanese airbag maker Takata Corp has filed for bankruptcy protection in the United States and Japan. Following is a summary of key issues facing the company and its financial sponsor, U.S.-based auto parts supplier Key Safety Systems: Asia stocks edge up on optimism over global growth, dollar soft TOKYO (Reuters) - Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy. Oil rises one percent on weaker dollar, but U.S. drilling drags SEOUL (Reuters) - Oil prices rose 1 percent early on Monday on a weaker dollar, but an increase in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC-led effort to curb output. Intesa sees closure of 600 branches, exit of 3,900 staff in Veneto banks deal MILAN (Reuters) - Intesa Sanpaolo said on Monday its planned acquisition of the good assets of Banca Popolare di Vicenza and Veneto Banca could lead to the closure of around 600 branches and the departure, on a voluntary basis, of around 3,900 staff. China court hands jail terms to Australians in Crown Resorts trial SHANGHAI (Reuters) - A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos. Australia's Crown says fined by Chinese court over gaming offences (Reuters) - Australia's Crown Resorts Ltd said on Monday that 16 of its employees were fined a total of A$1.67 million ($1.27 million) by a Chinese court for breaching the country's gaming marketing laws. Facebook in talks to produce original TV-quality shows: WSJ (Reuters) - Facebook Inc is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reported on Sunday. Investing with 'green' ratings? It's a gray area BOSTON/NEW YORK (Reuters) - Investors betting trillions on ethically-appealing stocks may not be getting all they expect. Related Video SPECIAL REPORT: The Fed's secret role in U.S. money surveillance Ex-pharma CEO Shkreli on trial for securities fraud Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook